About the Author
Anthony Lazzara
Anthony Lazzara, CEO of Newport Beach, Calif., commodities investment firm Lido Isle Advisors, spent 10 years as a trader and floor broker at the Chicago Board of Trade and Chicago Mercantile Exchange. Anthony has significant experience in the energy, fixed income, and equity futures markets. After being a long-time independent futures trader, Anthony saw a tremendous opportunity to educate investors on how to invest in professional traders. Anthony is now focused on his duty as CEO of Lido Isle Advisors.
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By Anthony Lazzara |
May 23, 2013
Crude oil has had some consistent selling over the past few sessions, and is down again today to $93.12. We have our key pivot/decision level at $96.
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By Anthony Lazzara |
May 22, 2013
The JUN13 E-mini S&P 500 rallied quick and hard this morning to 1685 upon the market digesting Bernanke’s testimony. Now the market is up 12.50 points to 1678.
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By Anthony Lazzara |
May 21, 2013
Platinum is down big, trading down $28 to $1,457. Even though platinum is gaining media attention as an “alternative precious” metal to use as an investment, we still believe it is susceptible to downward price.
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By Anthony Lazzara |
May 20, 2013
Gold hit the key level of $1,340, and silver had a big spike down to almost $20. For silver, $20 is a very key support level.
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By Anthony Lazzara |
May 17, 2013
Overall, the bull market frenzy is picking up and we still believe the E-mini S&P 500 will finish this year at 1690 or higher.
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By Anthony Lazzara |
May 16, 2013
The gold market has had a lot of trouble staying below a key resistance area of $1,475-$1,480. A key level below the current price is $1,340.
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By Anthony Lazzara |
May 15, 2013
The yen has sold off more than 3000 ticks since last fall, and we are projecting potential for a short term bottom at these levels.
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By Anthony Lazzara |
May 14, 2013
The JUN13 E-mini Nasdaq has traded up through 3000 this morning, and is now trading at 3002. Our short term technical target for this market is 3050.
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By Anthony Lazzara |
May 13, 2013
The U.S. bond market has really started to show some interesting behavior, with the U.S. 30-year continuing its slide from last week this morning.
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By Anthony Lazzara |
May 9, 2013
Crude is down almost $1 to $95.75. We believe this is mainly fear premium regarding the Syria situation. Technically, it looks as though oil is at the top of its downward channel.